PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 181.82. If the stock breaks down through support at 195.55 then it will probably continue lower to 181.82. The stock will meet resistance at 203.88 and 219.05. If the stock breaks up through resistance at 203.88 then it will probably continue higher to 219.05. The 200-day moving average is at 186.46. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (85.91), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 185.63. If the stock breaks down through support at 195.55 then it will probably continue lower to 185.63. The stock will meet resistance at 202.94 and 219.05. If the stock breaks up through resistance at 202.94 then it will probably continue higher to 219.05. The 200-day moving average is at 185.63. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (94.69).”

PowerShares QQQ Trust Ser 1 (QQQ) ” On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 185.46. If the stock breaks down through support at 195.55 then it will probably continue lower to 185.46. The stock will meet resistance at 202.25 and 219.05. If the stock breaks up through resistance at 202.25 then it will probably continue higher to 219.05. The 200-day moving average is at 185.46. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (93.66).”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 184.89. If the stock breaks down through support at 195.55 then it will probably continue lower to 184.89. The stock will meet resistance at 201.75 and 219.05. If the stock breaks up through resistance at 201.75 then it will probably continue higher to 219.05. The 200-day moving average is at 184.89. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (93.51), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 184.14. If the stock breaks down through support at 195.55 then it will probably continue lower to 184.14. The stock will meet resistance at 200.56 and 219.05. If the stock breaks up through resistance at 200.56 then it will probably continue higher to 219.05. The 200-day moving average is at 184.14. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (95.24).”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 183.78. If the stock breaks down through support at 195.55 then it will probably continue lower to 183.78. The stock will meet resistance at 198.94 and 219.05. If the stock breaks up through resistance at 198.94 then it will probably continue higher to 219.05. The 200-day moving average is at 183.78. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (93.49).”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 195.55 and 183.24. If the stock breaks down through support at 195.55 then it will probably continue lower to 183.24. The stock will meet resistance at 197.88 and 219.05. If the stock breaks up through resistance at 197.88 then it will probably continue higher to 219.05. The 200-day moving average is at 183.24. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (91.01).”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 190.69 and 180.74. If the stock breaks down through support at 190.69 then it will probably continue lower to 180.74. The stock will meet resistance at 194.19 and 219.05. If the stock breaks up through resistance at 194.19 then it will probably continue higher to 219.05. The 200-day moving average is at 182.70. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (85.09).”

PowerShares QQQ Trust Ser 1 (QQQ) “On a long-term technical basis, the stock (QQQ) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 190.69 and 179.67. If the stock breaks down through support at 190.69 then it will probably continue lower to 179.67. The stock will meet resistance at 194.19 and 219.05. If the stock breaks up through resistance at 194.19 then it will probably continue higher to 219.05. The 200-day moving average is at 181.58. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (72.11).”